Sila Nanotechnologies, Inc. today announced a multi-year supply agreement with a wholly owned subsidiary of REC Silicon ASA (“REC”), an innovator in solar-grade silicon and silicon materials.
Under the terms of the agreement, REC will supply Sila with high-quality, US-produced silane for use in the production of Sila’s breakthrough nano-composite silicon anode material, Titan Silicon. The agreement also ensures a reliable supply of silane through 2031, supporting Sila’s commitments to deliver Titan Silicon to customers, including Mercedes-Benz and Panasonic, as well as additional companies yet to be publicly disclosed.
Additionally, this agreement marks a significant milestone for both companies. It represents the first commercial agreement for REC’s high-purity Signature Silane for use in the automotive segment and ensures domestic supply of a critical component to anode materials production for Sila.
“Our agreement with REC Silicon is a critical step in securing the raw materials needed to deliver Titan Silicon to our auto customers for the long-haul,” said Gene Berdichevsky, Co-founder and CEO at Sila. “It also marks the importance of ensuring domestic production and supply of a critical next-generation material to support US manufacturing leadership in clean energy.”
“We appreciate the opportunity to support Sila and their production of next-generation battery materials,” said Kurt Levens, CEO at REC Silicon. “This agreement demonstrates the increasing demand for high-purity silicon materials in the clean energy sector, and we are confident that our collaboration will play a key role in accelerating the transition to electric vehicles and highlighting the benefits of working with an experienced, reliable and consistent silane producer.”